Category Archives: Business News
Payless ShoeSource files for Chapter 11 bankruptcy protection
NEW YORK (AP) — Shoe chain Payless ShoeSource has filed for Chapter 11 bankruptcy protection, becoming the latest retailer to succumb to increasing competition from online rivals like Amazon.
New board at Caribbean Airlines
Shameer Ronnie Mohammed is now the chairman of the board at Caribbean Airlines.
Finance Minister to deliver 2016/2017 Fiscal package
Finance Minister Colm Imbert will this afternoon deliver the 2016/2017 Fiscal package.
Senior economist sums up how citizens are likely to be affected by September 30th Budget
Senior economist Hayden Blades says the good life is over.
Blink/bmobile expands its 3G mobile network
Telecommunications provider blink/bmobile has expanded its existing 3G mobile network to enhance its existing capacity in response to the growing demand for wireless mobile broadband service.
T&T to suffer 2.5% economic contraction this year says ECLAC
The Economic Commission for Latin American and Caribbean (ECLAC) says T&T will suffer a -2.5 percent economic contraction this year.
Liberty Global, Cable & Wireless Communications merge
The merged operation of Liberty Global and Cable & Wireless Communications promises substantial business-to-business and submarine fiber operations. The new interim CEO of CWC and former president of Columbus Communications John Reid says the combined forces has now tripled … Continue reading
TSTT says the outage affecting customers yesterday was due to a fiber cut
TSTT yesterday issued a statement confirming the service outage-affecting customers in the east-west corridor including Port of Spain and Chaguanas.
Protest outside headquarters of Arcelor Mital by former workers for outstanding monies
Former Arcelor Mital workers are picketing outside the company’s headquarters calling for outstanding monies to be paid. The former workers are being led by the Steel Workers Union. From as early as 5 am the angry group gathered at the facility … Continue reading
800 workers dismissed from private & public sector according to Labour Minister
Over 800 workers have been dismissed from 27 companies in the public and private sectors since the People’s National Government took office.
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